Aust stocks set to open flat

Local market tipped to begin little changed despite strong Wall Street leads.

The Australian stock market looks set to open flat despite gains on international markets after Iran struck a landmark deal on its nuclear program that will see sanctions eased on the key oil exporter.

The accord reached over the weekend in Geneva sent crude futures lower in Monday trading, weighing on share prices in energy groups but considered a boost to business, especially fuel-hungry airlines, on anticipation of lower costs.

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